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WTFC Earning Date, Transcript Summary & Report

Wintrust Financial Corp
$
110.850
+3.090(+2.870%)

WTFC Earnings Prediction

The chart below shows how WTFC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WTFC sees a -3.76% change in stock price 10 days leading up to the earnings, and a -0.33% change 10 days following the report. On the earnings day itself, the stock moves by +0.08%. This data can give you a slight idea of what to expect for the next quarter's release.

WTFC Key Earning Data

2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
591.26M
13.03%
4.38%
Gross Margin
--
--
--
Operating Margin
42.87%
37.01%
4.79%
Net Margin
31.35%
32.78%
4.47%
EPS
2.63
40.64%
6.48%
No Data Available

WTFC Earnings Analysis

Wintrust Financial Corp Corporation (WTFC.O) Earnings Conference Call

Positive

  • Net Income Increase: Record net income of $695 million for the year, up over 11.5% from 2023, reflecting solid growth and a stable net interest margin.

  • Record Net Interest Income Growth: Q4 net interest income increased by 4.5% quarter over quarter and almost 12% year-over-year, reaching a record high amount of quarterly net interest income.

  • Loan and Deposit Growth: Loan growth for Q4 was $1 billion, representing an 8% annualized growth rate, while deposit growth was approximately $1.1 billion, or 9% annualized.

  • Asset Growth and Stability: Total assets grew by approximately $1.1 billion to $64.9 billion, with risk-based capital ratios remaining stable or slightly increasing due to strong earnings.

  • Improved Credit Quality: Non-performing loans decreased from $180 million to $171 million, with charge-offs down from $26.7 million to $15.9 million, indicating improved credit quality.

Negative

  • Acquisition Costs Impact: Acquisition-related costs totaled approximately $1,800,000, negatively impacting overall financial performance for the quarter.

  • Security Loss Impact: Security losses amounted to approximately $2,800,000, contributing to a decline in net income.

  • Mortgage Banking Revenue Loss: Unfavorable fair value mortgage banking revenue marks resulted in a loss of $1,500,000, reflecting challenges in the mortgage sector.

  • Increased Non-Interest Expenses: Total non-interest expenses increased by approximately $7,900,000 from the previous quarter, primarily due to higher costs associated with the Makatawa Bank acquisition.

  • Mortgage Banking Revenue Decline: Operational mortgage banking revenue decreased by approximately $1,000,000 in the 4th quarter compared to the prior quarter, indicating a slowdown in mortgage activity.

Key Financial Performance iconKey Financial Performance
Operating Highlights iconOperating Highlights
Risks or Challenges iconRisks or Challenges
Strategic Initiatives & Outlook iconStrategic Initiatives & Outlook
Shareholder Return Plan iconShareholder Return Plan

WTFC FAQs

How does WTFC typically perform around its earnings report dates?

WTFC's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -3.76% change leading up to the report and a -0.33% change in the 10 days following the release.

Is Wintrust Financial Corp (WTFC) Q4 2024 Earnings Call Summary positive or negative?

How can historical earnings data help predict future stock performance?

WTFC Earnings Deck

Earnings call transcript: Wintrust Q4 2024 beats EPS forecast, stock dips

WTFC Earning Call Sentiment

Earnings call transcript: Wintrust Q4 2024 beats EPS forecast, stock dips

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WTFC.O

2.87%
Positive
The earnings call presents a mixed picture: strong financial performance with record net interest income and stable margins, but concerns about commercial real estate risks and muted mortgage activity. The Q&A reveals management's cautious outlook and unclear guidance on certain issues. The absence of a shareholder return plan and potential economic headwinds further temper optimism. Given these factors, the stock price is likely to remain neutral over the next two weeks.